PT Krakatau Steel (Persero) Tbk reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 231.79 million compared to USD 689.83 million a year ago. Net loss was USD 29.14 million compared to USD 18.27 million a year ago.

Basic loss per share from continuing operations was USD 0.0015 compared to USD 0.0009 a year ago.